24 Billionaires In Africa; Checkout Who Tops The List

There are 24 African billionaires this year, down from 28 last year. Tanzanian businessman and former politician Rostam Azizi, pharmaceuticals tycoon Stephan Saad and Ugandan real estate mogul Sudhir Ruparelia narrowly missed the cut this year. Moroccan banker Miloud Chaabi and Egyptian hotel tycoon Samih Sawiris also missed out.

Mohammed Dewji of Tanzania is still the youngest billionaire in Africa with a fortune FORBES estimates at $1.09 billion. Dewji, 40, debuted on the FORBES list of the World’s Billionaires last year with a $1.3 billion fortune at the time. He has lost $200 million on the back of a weaker Tanzanian shilling. Dewji is the CEO of METL Group, a Tanzanian conglomerate with interests in textiles, edible oils and transportation.

The biggest gainer among the African billionaires is Mike Adenuga, a Nigerian businessman who is now worth $10 billion, up from $4 billion a year ago. The significant jump in Adenuga’s fortune is attributable to new information on the value of his telecom, oil and real estate holdings.

Angolan investor Isabel dos Santos and oil tycoon Folorunsho Alakija of Nigeria still remain the only two female billionaires on the continent.

Meet the 24 richest people in Africa:


 1.  Aliko Dangote, Nigerian

Net Worth: $14.4 billion

Source Of Wealth: Cement, flour, sugar, salt

  2. Mike Adenuga, Nigerian
Net Worth: $10 billion

Source Of Wealth: Telecom, Oil, Real Estate

  3.  Nicky Oppenheimer, South African

Net Worth: $6.6 billion

Source Of Wealth: Diamonds

 4.   Christoffel Wiese, South African
Net Worth: $6.2 billion

Source Of Wealth: Retailing

 5.   Johann Rupert, South African
Net Worth: $5.3 billion

Source Of Wealth: Luxury Goods

 6.  Nassef Sawiris, Egyptian

Net Worth: $4.1 billion

Source Of Wealth: Construction, Chemicals

 7.  Nathan Kirsch, Swazi

Net Worth: $3.7 billion

Source Of Wealth: Retail

8.  Isabel dos Santos, Angolan

Net Worth: $3.1 billion

Source Of Wealth: Investments

9.  Issad Rebrab, Algerian

Net Worth: $3.1 billion

Source of Wealth: Food

10.  Naguib Sawiris, Egyptian

Net Worth: $3 billion

Source Of Wealth: Telecom

11.  Mohammed Mansour, Egyptian
Net Worth: $2.5 billion

Source Of Wealth: Diversified

12.   Othman Benjelloun, Moroccan
Net Worth: $1.9 billion

Source Of Wealth: Banking, Insurance

13.   Mohamed Al Fayed, Egyptian
Net Worth: $1.9 billion

Source Of Wealth: Retailing

14.   Femi Otedola, Nigerian

Net Worth: $1.85 billion

15. Youssef Mansour, Egyptian
Net Worth: $1.73 billion

Source: Diversified

16.   Folorunsho Alakija, Nigerian
Net Worth: $1.55 billion

Source Of Wealth: Oil

17.   Allan Gray, South African

Net Worth: $1.49 billion

Source Of Wealth: Money Management

18.  Koos Bekker, South African

Net Worth: $1.47 billion

Source Of Wealth: Media, Investments

19.   Yasseen Mansour, Egyptian
Net Worth: $1.39 billion

Source Of Wealth: Diversifie

20. Aziz Akhannouch, Moroccan

Net Worth: $1.25 billion

Source Of Wealth: Petroleum, Diversified

 21.  Patrice Motsepe, South African

Net Worth: $1.15 billion

Source Of Wealth: Mining

 22. Abdulsamad Rabiu, Nigerian
Net Worth: $1.1 billion

Source Of Wealth: Diversified

23.  Onsi Sawiris, Egyptian

Net Worth: $1.09 billion

Source Of Wealth: Construction, Telecom

24. Mohammed Dewji, Tanzanian
Net Worth: $1.09 billion

Source Of Wealth: Diversified











Source: Forbes